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Prospect News home > News index > List of issuers M > Headlines for MOL Hungarian Oil and Gas plc > News item |
Fitch: MOL Hungarian outlook negative
Fitch Ratings said it has affirmed MOL Hungarian Oil and Gas Co. plc's long-term issuer default rating at BBB-. The outlook is negative.
According to the agency, the negative outlook reflects pressures on the company's operations from declining oil and gas production, a challenging downstream environment and uncertainties over shareholding in its Croatian subsidiary INA - Industrija nafte dd.
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